Background
Yongxing Liu was born in 1948 in Sichuan, China. He has three brothers, Liu Yongyan (刘永言), Chen Yuxin (陈育新) and Liu Yonghao (刘永好), as well as one sister, Liu Yonghong (刘永红).
刘永行
Yongxing Liu was born in 1948 in Sichuan, China. He has three brothers, Liu Yongyan (刘永言), Chen Yuxin (陈育新) and Liu Yonghao (刘永好), as well as one sister, Liu Yonghong (刘永红).
Liu Yongxing graduated from Xihua University in 1968.
In the late 1970s, Liu Yongxing and his brothers founded an electronics company that had to close soon after, as such business ventures were regarded as "too capitalistic" at the time. In 1982, he and his three brothers, accumulated 1,000 RMB and started a company called the "Hope Group." They also established the Hope Research Center for animal feeds in 1986.
In 1995, Hope Group was split up into four separate companies among the siblings. He retained parts of the agricultural business and got involved in the heavy chemical and aluminium industry, which ultimately led to the founding of today’s East Hope Group in 1995, one of the largest aluminium producers worldwide. In 2002, Liu Yongxing started his business in the Aluminum industry.
In 2002, Liu Yongxing was rewarded with the "2001 CCTV Top 10 China’s Economic Leaders" award, as well as with the "Sohu 2001 Top 10 Financial Leaders" award.
Liu Yongxing is regarded among the richest people in China. He was ranked #18 on Forbes’ China Rich List with a net worth of $6.6 billion, which also makes him the richest Shanghai resident. Bloomberg’s Billionaires Index ranked him at #93 globally with $12.3 billion.
Liu's wife is a psychologist by training, with whom he has one child. He resides in Shanghai.
